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Plank Ventures Profits from Sale of ThinkCX Stake

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Plank Ventures Profits from Sale of ThinkCX Stake

Don’t Miss TipRanks’ Half-Year Sale

An update from Plank Ventures Ltd. ( (TSE:PLNK) ) is now available.

Plank Ventures Ltd. has announced the sale of its investment in ThinkCX Technologies Inc. as part of a broader acquisition by a third party. This transaction, which closed on June 9, 2025, will result in a gain of approximately $665,536.28 for Plank, aligning with its strategy of unlocking shareholder value through opportunistic exits from early-stage technology investments.

Spark’s Take on TSE:PLNK Stock

According to Spark, TipRanks’ AI Analyst, TSE:PLNK is a Neutral.

Plank Ventures Ltd. is currently facing substantial financial and operational challenges, reflected in its low profitability and liquidity levels. Technical analysis indicates a bearish trend, while valuation metrics suggest potential overvaluation. The company needs to address these issues to improve its financial health and market standing.

To see Spark’s full report on TSE:PLNK stock, click here.

More about Plank Ventures Ltd.

Plank Ventures Ltd. is an investment company focusing on the technology sector, particularly targeting early-stage start-up companies that have established a customer and revenue base and are seeking expansion funding.

Average Trading Volume: 3,176

Technical Sentiment Signal: Sell

Current Market Cap: C$887K

See more data about PLNK stock on TipRanks’ Stock Analysis page.

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